Al-Jazeera America goes live, woos viewers
Al-Jazeera America went live Tuesday, accompanied by a campaign of traditional and social media for its cable channel launch, as it pledged to outdo its rivals with serious, in-depth journalism.
Tokyo shares open lower after Wall Street losses
Tokyo shares opened lower Tuesday, following a weak showing on Wall Street as speculation lingers that the US Federal Reserve will scale back its bond-buying programme.
20 August 2013
Japan firm says skin stain complaints top 7,000
Japanese cosmetics maker Kanebo said Monday the number of complaints about skin discolouring from using its whitening products has topped 7,000 from customers both at home and abroad.
Ikea recalls children's beds due to laceration hazard The world's leading furniture chain Ikea on Thursday issued a recall of two models of children's beds after several reported cases of a broken metal rod that exposed sharp edges.
16 August 2013
Airlines vow to fight US move to block merger Lawyers for US Airways and American Airlines voiced confidence Wednesday that they can defeat the US suit to prevent their merger, but allowed that a negotiated deal was also possible.
15 August 2013
Cisco to cut 4,000 jobs Information technology giant Cisco announced Wednesday that it will cut 4,000 jobs, equal to five percent of its workforce.
15 August 2013
Rio to lay off 1,700 at Mongolia project Mining giant Rio Tinto on Thursday said it will lay off up to 1,700 staff at its huge Oyu Tolgoi copper mine in Mongolia after a more than US$5 billion expansion was halted.
15 August 2013
US sues to block US Airways-American Airlines merger The US Justice Department and several states sued Tuesday to block the $11 billion merger between American Airlines and US Airways, saying it would reduce competition and push up fares.
14 August 2013
Australia's Commonwealth Bank posts record profit Australia's biggest bank, the Commonwealth, on Wednesday posted an eight percent jump in full-year net profit to a record Aus$7.68 billion (US$6.98 billion).
14 August 2013
Brazil sues Samsung over poor working conditions Brazil has filed a lawsuit against Samsung alleging poor working conditions at a factory in the Amazon and is demanding more than $100 million in damages.
14 August 2013
Apple lifted by report on iPhone launch Apple shares gained Monday after a report saying the California tech giant was set to announce its next iPhone at a September 10 event.
Analysts see return to growth in eurozone Figures due Wednesday are expected to show the eurozone finally edging out of a record 18-month recession which has cost millions of jobs and tested the single currency bloc to near breaking point.